Results of the Annual General Meeting eMEDIA HOLDINGS LIMITED (formerly Seardel Investment Corporation Limited) (Incorporated in the Republic of South Africa) Registration number: 1968/011249/06 JSE share code: EMH IZIN: ZAE000208898 JSE share code: EMN IZIN: ZAE000209524 ("eMEDIA HOLDINGS" or the "GROUP") RESULTS OF THE ANNUAL GENERAL MEETING 1. INTRODUCTION eMedia ordinary shareholders and N-ordinary shareholders (collectively, the "eMedia Shareholders") are advised that at the Annual General Meeting (“AGM”) of eMedia held on Tuesday 1st November 2016, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of eMedia Shareholders. 2. RESULTS OF THE VOTING AT THE ANNUAL GENERAL MEETING The resolutions were voted on as follows: % of issued Number of shares share capital Total number of shares present/represented including proxies at meeting (including shares abstained from voting) 83.0 5 580 359 188 Number of votes (one vote per share) For Against Abstain ORDINARY RESOLUTIONS 1. Receive and adopt the audited financial 5 580 359 188 0 0 statements 100% 0.00% 0.00% 2.1 Re-election of director: Mr J A Copelyn 5 511 043 488 69 315 700 0 98,76% 1.24% 0.00% 2.2 Re-election of director: Mr V E Mphande 5 580 359 188 0 0 100% 0.00% 0.00% 3.Re-appointment of auditor: Grant Thornton 5 511 043 488 69 315 700 0 Jhb Partnership 98.76% 1.24% 0.00% 4.1.Appointment of audit committee - Mr L 5 580 359 188 0 0 Govender 100.0% 0.00% 0.00% 4.2 Appointment of audit committee - Mr V E 5 580 032 590 326 598 0 Mphande 99.99% 0.006% 0.00% 4.3 Appointment of audit committee - Ms R 5 580 032 590 326 598 0 D Watson 99.99% 0.006% 0.00% 5. General authority over unissued shares 5 465 608 892 114 750 296 0 97.94% 2.06% 0.00% 6.General authority to issues shares and 5 465 608 892 114 750 296 0 options for cash 97.94% 2.06% 0.00% 7. Authorisation of directors 5 580 359 188 0 0 100% 0.00% 0.00% 6. Non-binding Advisory Resolution - 5 510 716 890 69 642 298 0 endorsement of remuneration report 98,75% 1,25% 0.00% SPECIAL RESOLUTIONS 1. Approval of annual fees to be paid to non- 5 580 359 188 0 0 executive directors 100.00% 0 0.00% 2. General authority to repurchase company 5 580 032 590 326 598 259 shares 99.99% 0.006% 0.00% 3. General approval of the provision for 5 510 716 890 69 642 298 0 financial assistance 97.75% 1.25% 0.00% 4 November 2016 Cape Town Sponsor and Corporate Adviser Investec Bank Limited Date: 04/11/2016 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.